BNET Industries
Jack Henry & Associates Inc. (JKHY) is in the Technology Industry
- Revenue
- Jun 30 2008
- $742.9M
- Profit
- Jun 30 2008
- $104.2M
- Market Cap
- Nov 28 2008
- $1.5B
Latest News and Analysis
Research and Markets: A Strategic Corporate Assessment of Jack Henry and Associates, Inc. Which Has Experienced Strong Financial Performance & a CAGR of 13% From 2003-2007
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/821e4b/jack_henry_and_ass) has announced the addition of the "Jack Henry and Associates, Inc.: Strategic Corporate Assessment - Strategy, SWOT Analysis and 5-year Financial Insights with In-depth Company Profile" company profile to their offering. Since the start of fiscal 2004, JHA has completed 16...
Now In The Market
Trust For CUs Up 35% WASHINGTON–The Trust for Credit Unions reported invested funds rose 35% in the first quarter of 2008, up to $2.047 billion in total balances. The TCU Portfolios, which are advised by Goldman Sachs Asset Management, offer three funds: Money Market Portfolio, Short Duration Fund,...
Now In The Market
Elan Signs Up Four CU Clients MINNEAPOLIS–Elan Financial Services has signed agreements with four new credit unions in the first quarter of 2008, adding more than $40 million in card balances to Elan’s portfolio. Elan purchased existing portfolios from three CUs while launching a new...
Remotecapture Is Big For Biz
When I started my career in this industry 22 years ago, banks had made the transition from ledger cards to "real" computers and the focus was on delivering technology to make the overall process faster. A few years later, check imaging was the hot topic, although most bankers seemed to...
Techies
Michael Bundy was named CTO at Instinet Chi-X Limited, the European operations of the company. * Jack Henry & Associates announced that John "Jack" Henry died of natural causes. Henry, 71, was co-founder and acting vice chairman. * Kurt Metzler was named evp and general manager of the small business...
ANB Financial Chooses Dynamic Card Solutions' Instant Issuance Technology
Arkansas Banking Leader Offers More Convenient Bank Card Issuing Process With DCS' Customized Instant Issuance System ENGLEWOOD, Colo. -- Dynamic Card Solutions DCS, developer of CardWizard([R]), the leading instant issue and PIN selection software application for financial institutions, today announced that ANB Financial, a banking leader in innovation...
Jack Henry Acquires USB Alliance
Jack Henry & Associates has acquired US Banking Alliance, an Atlanta-based provider of banking software and advisory services. US Banking helps credit unions and banks develop more profitable loan pricing and deposit products. Terms of the deal were not disclosed. US Banking, which will be combined with Jack Henry's ProfitStars...
Techies
* Michael Baresich was appointed evp and CIO of $65 billion CIT Group * New Century Financial Corp. named Colleen Wolf svp and CIO. * Mark Lamarre was named managing director and head of Wachovia Securities' Technology and Services Group, as well as head of its Equity Private Placement Group....
Jack Henry Reports Strong Earnings
Credit union outsourcer Jack Henry & Associates reported strong growth in its support and services operations, which propelled it to a 21% increase in fiscal third quarter earnings, to $23.5 million. Revenues grew 8% to $145.5 million for the third quarter, fueled by a 15% rise in support and services,...
Jack Henry Rebrands Acquired Firms Under A New Name
Following the acquisition of more than a dozen different companies over the past two years, Jack Henry & Associates is now branding the broad number of solutions it offers under a new moniker: ProfitStars.If the name looks familiar to credit unions, it should. Among the 13 companies that are now...
Corrections & Clarifications
* The Dec. 12 issue should have reported that it is RouteOne that is in a joint venture of DaimlerChrysler, Ford Motor Credit, GMAC, and Toyota Financial Services. * Due to an editing error, a profile of Gigi Hyland in the Dec. 12 issue ended incompletely. The quote...
Clark Consulting boosts business consulting practice
Clark Consulting has hired Gren Blackall as managing director of its Bank Business Solutions. In addition, the company is teaming up with a Jack Henry & Associates subsidiary to expand is consulting capability. Blackall has more than 25 years experience in the banking industry, where he has concentrated on developing...
Ozburn named VP, CIO at Cashmere Valley Bank.(KEEPING UP WITH PEOPLE)
Sue Ozburn has joined Cashmere Valley Bank as vice president and chief information officer. Most recently she served as the western region account manager for Jack Henry and Associates, a leading provider of technology solutions for financial institutions. Prior to that she served as the vice...
Extras...
Wells Fargo Bank notes that it is Minnesota's largest small business lender. The bank recently announced it lent more than $339 million in loans under $100,000 to 14,000 business owners in 2003. That was an increase of 25 percent in dollar and loan volume from the previous year. Additionally, the...
bits & bytes
* Harland Financial Solutions Inc. completed its acquisition of Intrieve Inc. in early April. With the addition of Intrieve clients, Harland Financial now serves more than 1,200 financial institutions. * Jack Henry and Associates, a Monett, Mo.-based provider of integrated computer systems and payment transaction processing, acquired Tangent Analytics...
Top Tech Deals
Number one Corillian and Quova have entered into a strategic partnership to protect the Web operations of financial institutions and electronic commerce organizations from Internet-based attacks. The partnership is a response to customer demand and the rapid growth of phishing attacks. Number two Instinet...
The Evolution of Outsourcing: What to Expect Tomorrow
Heard any good jokes about bankers' hours lately? Probably not. The days when customers were forced to conduct their banking business before the lobbies closed at 3:30 in the afternoon are gone. In an age when technology delivers everything from fast food to instant information, consumers expect 24/7 service. And...
JHA posts 26 percent increase in net income
Jack Henry Associates Inc., Monett, Mo., has reported a 26 percent increase in net income for fiscal year 2004. The company reported strong results with revenues rising 15 percent for the fourth quarter and f 6 percent for the fiscal year ended June 30. Officials said gross profit and margins...
On Deadline
Bank Trade Groups Unite Against CUs WASHINGTON-The nation's three leading trade associations for banks said last week they have joined together to fight credit unions and work towards the repeal of the credit union tax exemption. The three groups, the American Bankers Association, Independent Community Bankers...
Quick notes
*Ralph Nader announced on Feb. 22 he is running for president. You don't have to read many of his "In The Public Interest" columns to realize that he hates the banking industry. Read the columns at his web site, www.Nader.org. * Jack Henry & Associates has been named an IBM...
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- Incorporated: 1997
- CEO: Mr. John F. Prim
- Employees: 3,824
Jack Henry & Associates is a provider of core information processing applications for community banks. Co.'s products and services include processing transactions, automating business processes, and managing information. As of June 30 2008, Co. provided its products and services through three marketed brands: Jack Henry Banking, a provider of integrated data processing systems to banks ranging from de novo or start-up institutions to mid-tier banks; Symitar, a provider of core data processing applications for credit unions; as well as ProfitStars, a provider of specialized products and services to financial institutions that are not core customers of the Co.
Key Competitors
CIO SessionsVision Series on ZDNet
See and hear what CIOs the world over thinks about the business of technology and how it's changing the way we live and work.
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Jack Henry & Associates Inc. Company Info
Board of Directors
Mr. Michael E. Henry
Chairman
Mr. Jerry D. Hall
Vice-Chairman
Mr. John F. Prim
Mr. Matthew C. Flanigan
Ms. Maria K. Shepard
Mr. James J. Ellis
Mr. Craig R. Curry
Mr. Wesley A. Brown
Contact Information
663 Highway 60
P.O. Box 807
Monett, MO
417 235-6652
NAICS Code
Computer Systems Design Services: 541512
